SAGG.L vs. AEGG.L
SAGG.L (iShares Core Global Aggregate Bond UCITS ETF USD (Dist)) and AEGG.L (iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc)) are both Global Bonds funds from iShares - SAGG.L tracks the Bloomberg Global Aggregate TR USD while AEGG.L tracks the Bloomberg Global Aggregate TR Hdg GBP. Both are passively managed. Over the past 3 years, SAGG.L returned 0.18%/yr vs 3.84%/yr for AEGG.L. At a 0.45 correlation, their price movements are largely independent. Both charge a 0.10% expense ratio.
Performance
SAGG.L vs. AEGG.L - Performance Comparison
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Returns By Period
In the year-to-date period, SAGG.L achieves a -1.45% return, which is significantly lower than AEGG.L's 0.49% return.
SAGG.L
- 1D
- 0.26%
- 1M
- 1.02%
- YTD
- -1.45%
- 6M
- -1.68%
- 1Y
- 1.64%
- 3Y*
- 0.18%
- 5Y*
- 215.72%
- 10Y*
- —
AEGG.L
- 1D
- 0.12%
- 1M
- 0.30%
- YTD
- 0.49%
- 6M
- 0.59%
- 1Y
- 3.19%
- 3Y*
- 3.84%
- 5Y*
- —
- 10Y*
- —
SAGG.L vs. AEGG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SAGG.L iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | -1.45% | 0.53% | 0.03% | 975.51% | 1,013.35% | -2.36% |
AEGG.L iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) | 0.49% | 4.36% | 3.07% | 5.65% | -12.74% | -0.69% |
Correlation
The correlation between SAGG.L and AEGG.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2021 | 0.45 |
The correlation between SAGG.L and AEGG.L shifts across timeframes, from 0.32 (1 year) to 0.47 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
SAGG.L vs. AEGG.L — Risk / Return Rank
SAGG.L
AEGG.L
SAGG.L vs. AEGG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (SAGG.L) and iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) (AEGG.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| SAGG.L | AEGG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.18 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | 1.33 | -1.01 |
| Martin ratioReturn relative to average drawdown | 0.63 | 3.82 | -3.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SAGG.L | AEGG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | 1.01 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | -0.05 | +1.03 |
Drawdowns
SAGG.L vs. AEGG.L - Drawdown Comparison
The maximum SAGG.L drawdown since its inception was -10.22%, smaller than the maximum AEGG.L drawdown of -15.75%. Use the drawdown chart below to compare losses from any high point for SAGG.L and AEGG.L.
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Drawdown Indicators
| SAGG.L | AEGG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.22% | -15.75% | +5.53% |
Max Drawdown (1Y)Largest decline over 1 year | -5.18% | -2.38% | -2.80% |
Max Drawdown (3Y)Largest decline over 3 years | -5.18% | -3.72% | -1.46% |
Max Drawdown (5Y)Largest decline over 5 years | -8.71% | — | — |
Current DrawdownCurrent decline from peak | -3.93% | -1.36% | -2.57% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -7.54% | +4.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.61% | 0.83% | +1.78% |
Volatility
SAGG.L vs. AEGG.L - Volatility Comparison
The current volatility for iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (SAGG.L) is 1.17%, while iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) (AEGG.L) has a volatility of 1.42%. This indicates that SAGG.L experiences smaller price fluctuations and is considered to be less risky than AEGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SAGG.L | AEGG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 1.42% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 3.64% | 2.48% | +1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.81% | 3.13% | +1.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 475.05% | 4.59% | +470.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 485.36% | 4.59% | +480.77% |
SAGG.L vs. AEGG.L - Expense Ratio Comparison
Both SAGG.L and AEGG.L have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SAGG.L vs. AEGG.L - Dividend Comparison
SAGG.L's dividend yield for the trailing twelve months is around 1.52%, while AEGG.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AEGG.L iShares Global Aggregate Bond ESG UCITS ETF GBP Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SAGG.L iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | 1.52% | 3.13% | 2.68% | 95.35% | 147.52% | 130.26% | 156.35% | 167.63% | 76.39% |
Frequently Asked Questions
SAGG.L and AEGG.L have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SAGG.L and AEGG.L have the same expense ratio: 0.10% per year.
SAGG.L tracks Bloomberg Global Aggregate TR USD, while AEGG.L tracks Bloomberg Global Aggregate TR Hdg GBP.
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